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we grow our economy not from the top-down but from the middle-out. we don't believe that anybody's entitled to success in this country but we do believe in something called opportunity. we believe in a country where hard work pays off and where responsibility's rewarded and everybody's getting a fair shot and everybody's doing their fair share and everybody plays by the same rules. that's the country we believe in. that's what i'm fighting for. that's why i'm running for a second term for president of the united states. and that's why i want your vote. >> that was president obama? sloanes lake park outside denver, colorado. governor rendell there are not a few people on the democratic side of the aisle that wish that you could have transposed the president obama we just saw on to the president obama we saw last night. >> interestingly, president obama said that wasn't really mitt romney that debated last because totally different positions. well, that really couldn't have been president obama on that stage last night because this is the president oba
we grow our economy not from the top-down but from the middle-out. we don't believe that anybody's entitled to success in this country but we do believe in something called opportunity. we believe in a country where hard work pays off and where responsibility's rewarded and everybody's getting a fair shot and everybody's doing their fair share and everybody plays by the same rules. that's the country we believe in. that's what i'm fighting for. that's why i'm running for a second term for...
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Oct 2, 2012
10/12
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CNBC
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what i am interested in hearing is what are thoughts about the economies around the world. there seems to be concern about europe that while there is -- we heard from the secretary of treasury that the euro will hold together. i don't get a sense that people are feeling the european economy is anywhere near coming out of recession, that we may see a long prolonged i don't know it is recession or depression. it is up to the u.s. so that makes us want to look at primarily u.s. companies. there was one counter intuitive thing i learned that apparently the move to the paperless office is endangering the forest. now they are not useful to be sold for paper but other things that will destroy theforest. i thought that was interesting. it was very counter intative. >> taking the trees down and selling it for lands or other uses. >> she was urging me to use paper. that was funny. >> you pulled out a pad and started writing. >> i really wouldn't have expected that. i think there is -- >> do you think that is why bernanke is printing all this money? trying to save the trees. >> this i
what i am interested in hearing is what are thoughts about the economies around the world. there seems to be concern about europe that while there is -- we heard from the secretary of treasury that the euro will hold together. i don't get a sense that people are feeling the european economy is anywhere near coming out of recession, that we may see a long prolonged i don't know it is recession or depression. it is up to the u.s. so that makes us want to look at primarily u.s. companies. there...
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of the economy is running at full capacity and. russia has basically you know the several fives we're looking at about five percent inflation we're looking about five percent unemployment that we were looking at five percent growth maybe four percent growth now plus a budget surplus or at least no deficit russia is extremely undead it has the best macros of any country almost any country in the world right now maybe except for norway think that's because you know and you know we're all old hands you think that's because of the one nine hundred ninety s. because of the governor because of it was there's the despair i don't you miserable experience the the meltdown and all that it left them extremely fearful of becoming in that the way the germans are scared of inflation the russians are now scared to death so they've been hyper conservative also because we have a political system which is that of a work in process the government has not had to buy support from the populace until now so they have been able to limit their spending whe
of the economy is running at full capacity and. russia has basically you know the several fives we're looking at about five percent inflation we're looking about five percent unemployment that we were looking at five percent growth maybe four percent growth now plus a budget surplus or at least no deficit russia is extremely undead it has the best macros of any country almost any country in the world right now maybe except for norway think that's because you know and you know we're all old...
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Oct 2, 2012
10/12
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>> the economy is another serious problem. that is another way of talking about the plight of real people out there. after four years of stewardship, i can say that we are not moving in the right direction. we are picking up 100,000 jobs a month. you have to have 180,000 just to keep pace. we are not in a recovery. growth is under 2% while it has been 2.2. that is why we are sitting around after all these years. we have a specific plan. that plan are tax incentives in order to build up this economy and great growth. you can't do anything in this country until you get growth going again. until there are plans in place. talking about a tax reduction so that they can spend more money. so that they are xare competiti with over seas people. >> you heard governor gilmore and in your opening, you basically said okay the economy is not as bad as you think. what i want to hear is what you and president obama would do in a second term. what positives would you put into place? >> we do need a jobs bill. someone said that the recovery bil
>> the economy is another serious problem. that is another way of talking about the plight of real people out there. after four years of stewardship, i can say that we are not moving in the right direction. we are picking up 100,000 jobs a month. you have to have 180,000 just to keep pace. we are not in a recovery. growth is under 2% while it has been 2.2. that is why we are sitting around after all these years. we have a specific plan. that plan are tax incentives in order to build up...
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Oct 3, 2012
10/12
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CNBC
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i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the export economy. you're saying that it's in trouble, it's broken. >> i'm not saying it's broken. i'm saying there's a transition going on towards consumption exporting to europe and real estate are no longer going to be their drivers nap will probably create more volatility than we've had in the past. >> how easy is it to expect this transition? you're buying in the consumer space. >> yes, and you have the transition of the government. one of the other big messages we picked up over there, particularly in i understondia, emerging market central banks, they're very concerned about what the traditional bank
i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the...
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Oct 2, 2012
10/12
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i think we're expecting a slower paces in the economy for the second half. we forecast a growth of the economy around 3.5% for the second half. >> and what does that mean for you some do you need to raise more capital? if the economy is slowing, you'll get more shocks, did vtp need to have more capital? >> in terms of asset growth, we've seen a very healthy year again. we're coming from 2011 when organically we grew assets by over 35%. so eventually well need more capital to finance the growth and this is something that we have been discussing with the government in line also with the plan of our main shareholders. >> how long before we know about those plans? >> well, there was just a very important privatization for burbank. i think we're mindful of maybe not coming with a second offering from a bank too soon. we also have raised a billion dollar tier one capital in july and we've strengthened the capital by reducing the asset base. so we would expect probably a transaction next year, but it depends to market condition of course. >> ricardo, this is jim he
i think we're expecting a slower paces in the economy for the second half. we forecast a growth of the economy around 3.5% for the second half. >> and what does that mean for you some do you need to raise more capital? if the economy is slowing, you'll get more shocks, did vtp need to have more capital? >> in terms of asset growth, we've seen a very healthy year again. we're coming from 2011 when organically we grew assets by over 35%. so eventually well need more capital to finance...
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then there should be reforms not only economy but also in poverty in a democracy. thank you very much for this interview you're welcome. tucked in between the russian mainland japan and the suckling island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of the boarders own and was completely restricted to visit to know this picture place is open to tourists unique plants and animals are its top attraction. to be has been exploring the deaths of the world seas for several decades but it's here at more your own island where he has finally found what he'd been looking for . the water here is very clear the visibility is very good and the underwater world here is extremely rich i've been to many diving locations across the planet including the island of bali on top of my list while some go to the cycling region to enjoy the sights others convert the islands nature's riches into a healthy dollar it
then there should be reforms not only economy but also in poverty in a democracy. thank you very much for this interview you're welcome. tucked in between the russian mainland japan and the suckling island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of the boarders own and was completely restricted to visit to know...
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Sep 29, 2012
09/12
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CNN
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and mitt romney is out to make the case that the best defense is a better economy. >> in battle ground virginia both president obama and mitt romney pulled out the heavy artillery. romney slammed the president for the defense cuts coming at the end of the year. >> it is still a troubled and dangerous world and the idea of cutting our military commitment by a trillion over this decade is unthinkable. and devastating. and when i become president of the united states, we will stop it. i will not cut our commitment to our military. >> the president once again blasted romney's hidden camera comments on the 47% of americans he dubbed victims of government dependence. >> i don't think we can get very far with heed lookers who write-off half the nation as a bunch of victims who never take responsibility for their own lives. >> 47% people of the people -- >> the obama campaign turned romney's remarks into a devastating new ad playing the words under the faces of families and veterans. >> and they will vote for this president no matter what. so my job is not worry about those people. they should
and mitt romney is out to make the case that the best defense is a better economy. >> in battle ground virginia both president obama and mitt romney pulled out the heavy artillery. romney slammed the president for the defense cuts coming at the end of the year. >> it is still a troubled and dangerous world and the idea of cutting our military commitment by a trillion over this decade is unthinkable. and devastating. and when i become president of the united states, we will stop it....
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Oct 3, 2012
10/12
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down so the economy can hopefully catch fire. we all know from the boss, bruce springsteen, you can't start a fire without a spark. unfortunately, those low rates mean you can't earn squat on bonds either. like it or not, you need to own stocks that can give you a decent return. the unemployed have a hard time saving, no kidding, the fact is that 90 million american households save with stocks in one form or another. it makes a ton of sense when you think about it. how do we get sustainable higher stock prices? let me give you my eight-point plan. point number one, we have to eliminate the tax on dividends entirely. if they're tax-free, people will buy them. i trust the balance sheets of corporate america far more than i trust the government's balance sheet. this is hardly a reckless position and would encourage companies to reward shareholders by issuing and raising dividends. i would actually raise the tax on capital gains. why? you get gains when you sell stocks. i don't want people to sell stocks. i want them to own stocks, n
down so the economy can hopefully catch fire. we all know from the boss, bruce springsteen, you can't start a fire without a spark. unfortunately, those low rates mean you can't earn squat on bonds either. like it or not, you need to own stocks that can give you a decent return. the unemployed have a hard time saving, no kidding, the fact is that 90 million american households save with stocks in one form or another. it makes a ton of sense when you think about it. how do we get sustainable...
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Sep 27, 2012
09/12
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we still are one more unthinkable, a slowing chinese economy. the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the europe, the slowdown of china and the perma low growth, the united states. some income producers, growth names and stocks with solid dividend boosts and, of course, some gold. these have been the correct calls to make. i've stuck with this market because i believe europeans are not suicidal. so far so good on that front. at least of late. i believe chinese economy will simply come back by virtue of the fact there's a tremendous urban migration within china. i believe the federal reserve's stance, brought about you by ben bernanke, will serve as a bridge over fiscal cliff a
we still are one more unthinkable, a slowing chinese economy. the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the...
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focus our attention to develop the economy to have a good neighbor who we all the neighboring countries and to have a stable relations with a large country with the united states and with european countries so i think. when when he takes office in the next year i'm sure he will continue our policy no change no fundamental change for his policy but still he's considered to be a reformer and more open to the west than his predecessor i think his daughter is studying hard words he did not think there is going to be a new balance in chinese foreign policy under his presidency i'm sure this should be reform not only to me you know actually during the. previous thirty years we have focus our attention on economy but i have ping ping might have an opportunity to have some reform and opening up in china's politics you know maybe you know. this year we're a servant a sister. of the ministration you know. we various nabel from the central government to the local government i've been and more democracy for the you know for the auditor people i think i'm sure when he came comes into the office and
focus our attention to develop the economy to have a good neighbor who we all the neighboring countries and to have a stable relations with a large country with the united states and with european countries so i think. when when he takes office in the next year i'm sure he will continue our policy no change no fundamental change for his policy but still he's considered to be a reformer and more open to the west than his predecessor i think his daughter is studying hard words he did not think...
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Oct 3, 2012
10/12
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economy. at the same time, he is said to be negotiating individually with the pe firms on the details of how his roughly 20% stake in the company would contribute and what role he might be playing after a buyout. and oracle ceo larry ellison says the company won't be making any major acquisitions during the next couple years. in an interview on "closing bell" yesterday, ellison said he is instead focused on growing organically. he also discussed the dividend. >> that's the decision of the oracle board of directors. i believe we'll gradually increase the dividend as opposed to dublg it or tripling it all at once. nothing dramatic. >> shares of oracle during the last year, take a look at it. 31.65. he's gotten close to the top there, joe. >> all right, andrew. thank you. >>> my stories don't deserve that music? okay. thank you. you know what? i'm so nervous now and unsettled, i don't know what's coming. >> we've been working on new music, trying to find new things -- >> those drums, though. i'm
economy. at the same time, he is said to be negotiating individually with the pe firms on the details of how his roughly 20% stake in the company would contribute and what role he might be playing after a buyout. and oracle ceo larry ellison says the company won't be making any major acquisitions during the next couple years. in an interview on "closing bell" yesterday, ellison said he is instead focused on growing organically. he also discussed the dividend. >> that's the...
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Sep 26, 2012
09/12
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CNBC
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plus, one more unthinkable, a slowing chinese economy. the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the great recession. and what's happened? the stock market never quit. never stopped climbing, it has a remarkable run with almost every sector leading the charge at one time or another, the great rotation. and before i go into the by remistations for the evening. i told you not to waver, to stay the course, the slowdown against china, and the growth that is the united states. the diverse portfolio of high-quality stocks, income producers, and growth stocks with solid dividend boosts. and of course, some gold. these have all been the correct calls to make. i've stuck with it because i believe the europeans are not suicidal. so far, so good on that front. i believe the chinese economy will simply come back by the virtue of the fact there is still tremendous urban migration within china. i believe the accommodative stance will serve as a bridge over a troubled fiscal
plus, one more unthinkable, a slowing chinese economy. the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the great recession. and what's happened? the stock market never quit. never stopped climbing, it has a remarkable run with almost every sector leading the charge at one time or another, the great rotation. and before i go into the by remistations for the evening. i told you not to waver, to stay the course,...
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Sep 28, 2012
09/12
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and the economy has a little rough patch before it accelerates again. what happens if this is the rough patch that causes companies to slam on the brakes, ahead of what is no longer a fiscal cliff but a fiscal retaining wall. when you consider that the republicans are run by the tea party and democrats don't have to change, we have gone from thinking we can jump the fiscal cliff to thinking how can we slow business spending so that the collision won't destroy us? it's not just the u.s. that's a drag. china, there's a big hate on china right now. china is big hat. no. big mao cap no cattle. the worst downturn in two months is more representative of what's happening because there is no unity between the rich and poor nations. don't they show that there's no real hope for fiscal reform in that wounded country? today's action, i heard all day it's phony. me and many portfolio managers buy stocks and move them higher to the end of the quarter to get a little gain there. the conclusion, if this were monday coming up, a new month, a new quarter, you would see
and the economy has a little rough patch before it accelerates again. what happens if this is the rough patch that causes companies to slam on the brakes, ahead of what is no longer a fiscal cliff but a fiscal retaining wall. when you consider that the republicans are run by the tea party and democrats don't have to change, we have gone from thinking we can jump the fiscal cliff to thinking how can we slow business spending so that the collision won't destroy us? it's not just the u.s. that's a...
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Sep 27, 2012
09/12
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we had thought that the economy grew 1.7%, which is relatively slow. india's growing about 6%, china more than 7%. what we learned today is, again, this is one of those revisions that the government does. we found out that the growth was substantially slower, 1.3%. that of course has got the republicans talking. mitt romney put out a statement to say that the obama economy is stuck in neutral. in fairness, 1.3% isn't neutral, but it's not gang busters. we should be running at 3% or higher to be a healthy economy and recover all the jobs that have been lost. >> let's hope it gets to that level. a lot of people are counting on it. ali, thanks very much. >> my pleasure. >>> with only 40 days to the election, people across the country are focusing in on the presidential race. while we can't keep track of all the water cooler debates, we have some exclusive eye-opening data about political discussions on the world's biggest social network, we're talking about facebook. let's bring in mark preston, he's taking a closer look. mark, tell our viewers what you'r
we had thought that the economy grew 1.7%, which is relatively slow. india's growing about 6%, china more than 7%. what we learned today is, again, this is one of those revisions that the government does. we found out that the growth was substantially slower, 1.3%. that of course has got the republicans talking. mitt romney put out a statement to say that the obama economy is stuck in neutral. in fairness, 1.3% isn't neutral, but it's not gang busters. we should be running at 3% or higher to be...
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Sep 26, 2012
09/12
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and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! humans -- sometimes life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to your policy. don't forget to ask about saving up to 10% when you combine your auto and home insurance with liberty mutual. security, coverage, and savings. all the things humans need to make our beautifully imperfect world a little less imperfect. call... and lock in your rate for 12 months. liberty mutual insurance. responsibility. what
and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! humans -- sometimes life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can...
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Oct 4, 2012
10/12
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economy. >> no question. the economy for so many families in america have been very disappointing. many people are still looking for jobs. much of this is structural unemployment, as we've created more efficiencies in our factories, which means fewer jobs. so we have -- you know, we're still struggling with an 8-plus percent unemployment rate. that has to be part of the debate as to how -- what direction we go in the future. so it is my view, whoever is president in 2014 -- and i've been public about it. i am a democrat and voting for the president. >> you mean 2013? >> no, whoever is president in 2014, because my views of housing, my views in energy and my views on the banking system, i think we're going to have a rising economy. so i don't believe -- i think it's going to be -- we're going to have this success in our economy subject to working out our fiscal cliff, which we could spend a lot of time talking on. but i do believe the foundation for a stronger america is already here. >> larry,
economy. >> no question. the economy for so many families in america have been very disappointing. many people are still looking for jobs. much of this is structural unemployment, as we've created more efficiencies in our factories, which means fewer jobs. so we have -- you know, we're still struggling with an 8-plus percent unemployment rate. that has to be part of the debate as to how -- what direction we go in the future. so it is my view, whoever is president in 2014 -- and i've been...
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Sep 27, 2012
09/12
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we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let me be very clear. in nebraska and all across america, i just chaired the national governor's association this past year. americans do not want the federal government to bail out states that have failed, that have failed to adopt a balanced budget, that they continue to raise taxes. that's not what we want as americans. we want states to control their spending, create more jobs. so i certainly don't think the federal government ought to bail out a state like illinois or california if they can't do it themselves. >> governor, it's been
we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let...
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Sep 30, 2012
09/12
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CSPAN
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economy are slowing down the global economy. she also talked about the fiscal cliff and the political climate in the united states as well as the role of central banks. this is about 1.5 hours. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> let me will commute to the peterson institute of international economics. christine hildegarlagarde, fromr prior position as minister of finance in france and continuing at the home of the imf. chief famously attended some of her high school in earlier days here in bethesda. she is a lawyer by training. she spent much of her career at baker and mckenzie, becoming chairman of they are global executive committee and then chairman of their global strategic committee in 2004. she then joined the french government in 2005, originally was minister for foreign trade and then minister for agriculture and fisheries for a brief time. then, in june 2007, she became the first woman to hold post of the minister of finance and economy of
economy are slowing down the global economy. she also talked about the fiscal cliff and the political climate in the united states as well as the role of central banks. this is about 1.5 hours. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> let me will commute to the peterson institute of international economics. christine hildegarlagarde, fromr prior position as minister of finance in france and continuing at the home...
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Sep 29, 2012
09/12
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CNN
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the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now people are looking forward. you look at the polls over and over again and majority of people say feels bad now, but i think it's going to get better next year and optimism is something that counts in the economy and you're starting to get a little optimism and one reason i thank you guys is because this was an emergency for four years and now bad things about the economy have become chronic, not emergency any more. people in a weird way are getting used to the fact they have to lower their expectations. i keep saying that it's been four years, exa
the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now...
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Oct 1, 2012
10/12
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some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous protest after an anti-islamic video. yesterday paul ryan and john mccain slammed the administration's handling of the deadly attack. >> the response was slow, confused, inconsistent. they first said it was a youtube video and a spontaneous mob. we now know it was a planned terrorist attack if this was one tragic incident that would be a tragedy in itself. the problem is it's part of a bigger picture that the obama foreign policy is unraveling before our eyes on tv screens. >> i think it interferes with the depiction that the administration is trying to convey that al qaeda is on the wane, everything i
some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous...
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Oct 2, 2012
10/12
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WBAL
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tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jim cramer at tweeter. have a question? send him a tweet or send him an e-mail or give us a call. 1800-743-cnbc. miss something? head to madmoney.cnbc.com. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks tough stains and kills 99.9% of germs. new lysol power & free. powerful cleaning that's family friendly. another step forward in our mission for health. laura's being healthy and chewing her multivitamin. introducing one-a-day vitacraves for women! finally, a great-tasting gummy multivitamin designed... for women with more calcium and vitamin d. it's gummies for grown-ups. new one-a-day vitacraves for women. it's gummies for grown-ups. chances are, you're not made of money, so
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jim cramer at tweeter. have a question? send him a tweet or send him an e-mail or give us a call. 1800-743-cnbc. miss something? head to madmoney.cnbc.com. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the...
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Oct 1, 2012
10/12
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CNBC
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economy is doing better than the world right now. europe is not dealing with its fiscal problems, not dealing with the economic growth problems and i think there is still a lot of adjustments necessary in china and in asia because of the chinese problems and the united states we are gradually move ago long. we're gradually growing i think building momentum, particularly in housing and orders and i think that should allow the u.s. manufacturing sectors should be doing a bit better than around the world and that inneed is the days. >> do you believe we can hold onto growing plus 50 numbers through year end? i know barring all the vasslations in the individual data, can we built on this? >> it is a close call in manufacturing. of course we are affected by what's going on around the world in manufacturing. in the broader economy if you look at the housing sector, the consumer sector, various service sectors, yes, i think the u.s. economy can continue to grow steadily and pick up moment unas we get into next year. >> the market is reactin
economy is doing better than the world right now. europe is not dealing with its fiscal problems, not dealing with the economic growth problems and i think there is still a lot of adjustments necessary in china and in asia because of the chinese problems and the united states we are gradually move ago long. we're gradually growing i think building momentum, particularly in housing and orders and i think that should allow the u.s. manufacturing sectors should be doing a bit better than around...
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Sep 30, 2012
09/12
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CNNW
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> i'm susan hendricks. let's get you caught up on the headlines now. as the president and mitt romney prepare for wednesday's first presidential debate, we've learned a little inside info on how they're getting ready. senator john kerry is going to play the role of mitt romney when the president holds his practice sessions. rob portman is portraying the president in mitt romney's preps. you can catch that debate at 7:00 p.m. eastern on cnn and also cnn.com. >>> the pope's butler went on trial, accused of stealing secret papers and leaking them to an italian journalist. the butler faces a sentence up to eight years if convicted. >>> a rival b
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> i'm susan hendricks. let's get you caught up on the headlines now....
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Oct 1, 2012
10/12
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CNBC
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tonight, cramer is talking to the ceo to get a real read on the economy. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> it is time, it's time for the lightning round. and then the lightning round is over. are you ready? time for the lightning round. yolanda in new york. >> caller: hi, cramer. how are you? >> great. >> caller: my husband and i watch you all the time and we think you're great. >> thank you. >> caller: we have co
tonight, cramer is talking to the ceo to get a real read on the economy. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal...
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Sep 30, 2012
09/12
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MSNBC
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the vast amount of americans have economy as their top concern. as we were talking about earlier, the issue of foreign policy only helps the president. even if there was something there that might be cloudy, at the end of the day he is the hero and governor romney does not have that experience. he was a governor. at least if you're a congressman, you can sigh i served on the foreign service committee. that is his achilles heel. >> even if he was a governor in a state like new york that had the sort of 9/11 experience, but in this context, in massachusetts, certainly -- >> or alaska where you can see russia. >> dig that one back up. >> they can see your dna by looking. >> two problems that mitt romney had or has in all of this, one is that basically as you're saying, if he had waited three days, this would be a completely different story because there are serious questions here for the president, for the state department, for the administration to answer. but basically, mitt romney gave president obama cover on this. so he's got the bin laden kill,
the vast amount of americans have economy as their top concern. as we were talking about earlier, the issue of foreign policy only helps the president. even if there was something there that might be cloudy, at the end of the day he is the hero and governor romney does not have that experience. he was a governor. at least if you're a congressman, you can sigh i served on the foreign service committee. that is his achilles heel. >> even if he was a governor in a state like new york that...
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Sep 30, 2012
09/12
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CNNW
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economy remains highly competitive the world economic forums report ranks the u.s. overall as the seventh most competitive in the world. that's why a few months ago, "the economist" magazine predicted an american renaissance. where we have slipped badly of late is in our investments, in people, science and infrastructure. so, president obama's message is urgent and relevant. but why do we have to choose between these two views? we need tax and regulatory reform to make ourselves competitive. america has to make itself attractive for investors, consumers and tourists alike but also should make the crucial investments we need for a 21st century economy. these two views look at the same challenge from different perspectives. governor romney's right to look at the world that companies operate in with its challenges and opportunities. over the last 20 years as communism collapsed and socialism discredited there have been lower taxes and stream lining of regulations. the u.s. has to stay competitive or over the long run, investment, industry and jobs will move to other la
economy remains highly competitive the world economic forums report ranks the u.s. overall as the seventh most competitive in the world. that's why a few months ago, "the economist" magazine predicted an american renaissance. where we have slipped badly of late is in our investments, in people, science and infrastructure. so, president obama's message is urgent and relevant. but why do we have to choose between these two views? we need tax and regulatory reform to make ourselves...
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let's take a look at some good news economy released. institute for non manufacturing index rose 5 to 55.1 in september. that is up from last month. any reading above 50 signals activity is expanding. on the jobs front private sector payrolls increased by 162,000 last month according to the payroll processing firm adp. that is higher than expected. positive news boosting stocks, the dow losing steam. volume below average even by recent standards. hewlett-packard the biggest drag on the dow hitting its lowest level in ten years after the company issued a very bleak forecast for the 2013 period due to a decrease in technology spending worldwide. oil falling well below 9500 in terms of slowing demand. the impact of china and drop in oil prices making the energy sector the worst performing sector today. oil settling down by $3.75. i am here filling in for liz claman because liz claman is in cleveland, of ohio. her old stomping ground as part of the open for business series and liz will talk to business leaders to find out how the city turned
let's take a look at some good news economy released. institute for non manufacturing index rose 5 to 55.1 in september. that is up from last month. any reading above 50 signals activity is expanding. on the jobs front private sector payrolls increased by 162,000 last month according to the payroll processing firm adp. that is higher than expected. positive news boosting stocks, the dow losing steam. volume below average even by recent standards. hewlett-packard the biggest drag on the dow...
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Sep 27, 2012
09/12
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FBC
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economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not reported. you have to grow the gdp, which is the numerous rate tore, i mean the denominator then you get the debt-to-gdp ratio fall. you need growth and spending cuts. melissa: you think the political will is out there to really riot at some point? >> i think washington, look i think the american people, the vast majority of us, are willing to make these decisions about, what are we going to do about the future of medicare and social security. the one thing we always americans have to grapple with, we don't talk
economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not...
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Oct 4, 2012
10/12
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FOXNEWS
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first, economy. 3%. and second, health care, 0%. third, taxes 18 and fourth,
first, economy. 3%. and second, health care, 0%. third, taxes 18 and fourth,
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Sep 29, 2012
09/12
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FBC
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we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent because we have an economy that has to many burdens. large new spending programs, large debt, and now large regulatory burden. lori: the most costly federal agencies of the epa, department of housing and human services. ideas for cuts? baena we are locked in as we are talking about, but going forward . >> you have to go to the epa and ask a very, very serious question. what point have we crossed the line with a green agenda is crushing the jobs agenda. i think that is a place where we ought to start. think hard about has been goin
we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent...
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Oct 1, 2012
10/12
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WUSA
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economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our biggest trading partner. >> so we have a very strong interest in europe solving its problems. >> reporter: but the problem won't be solved quickly says ian brehmer who heads the eurasia group, a global research firm. what brings the europeans back to growth? no one started to address that issue. it's like saying what's going to bring the united states back to a healthy and manageable deficit. >> reporter: and the more imminent threat to the economy may be the so-called fiscal cliff. the ratings agency fitch has said uncertainty about u.s. fiscal policy is the single-biggest near-term threat to the global recovery. >> winston churchill once said that the americans always do the right thing but only after extinguishing every other possibility. that is precisely what the americans are doing here. >> reporter: bremmer believes washington won't go over that cliff, b
economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our biggest trading partner. >> so we have a very strong interest in europe solving its problems. >> reporter: but the problem won't be solved quickly says ian brehmer who heads the eurasia group, a global research firm. what brings the europeans back to growth? no one started to address that issue. it's like saying what's going to bring the united...
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Oct 4, 2012
10/12
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FOXNEWSW
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. helps him deposit his checks. jay also like it when mother nature helps him wash his car. mother nature's cool like that. mobile check deposit. easier banking. standard at citibank. mobile check deposit. easier banking. and get 3 years interest-free financing on tempur-pedic. but hurry, sleep train's inventory clearance sale ends columbus day. ♪ your ticket to a better night's sleep ♪ okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up -- the gutters. citibank popmoney. easier banking. standard at citibank. >>> look. i got five boys. i'm used to people saying something that is not always true but keep repeating it and hoping i'll believe it but that is not the case. i will not reduce the taxes paid b
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. helps him deposit his checks. jay also like it when mother nature helps him wash his car. mother nature's cool like that. mobile check deposit. easier banking. standard at citibank. mobile check deposit. easier banking. and get 3 years...
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Sep 28, 2012
09/12
by
WBAL
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eye 228
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again, that makes no sense, unless the chinese economy can absorb all the steel they dump worldwide. i find that highly unlikely. but that doesn't mean we shouldn't be buying the ingredients of steel which the chinese don't have. think iron, i like vale, think vle. secondarily they need copper. that's fcx. how about machinery? although it is a second derivative, meaning it won't happen immediately, they will need engines and trucks and earth movers. cat said negative things but those are the only two worth going with and those companies won't see a bump in time to save their quarters which is actually what matters. you can include general electric in machinery, and today the ceo said china is going to be a huge driver for earnings, that led us to increase our position for ge. people want to buy joy global, i don't know. finally there will be a step up in oil demand, and that scenario i think is very investable. the chinese will need to import and when they do that, you will want to own not any of the major oils or independents. you need international drillers and service companies. t
again, that makes no sense, unless the chinese economy can absorb all the steel they dump worldwide. i find that highly unlikely. but that doesn't mean we shouldn't be buying the ingredients of steel which the chinese don't have. think iron, i like vale, think vle. secondarily they need copper. that's fcx. how about machinery? although it is a second derivative, meaning it won't happen immediately, they will need engines and trucks and earth movers. cat said negative things but those are the...